Hello BiggerPockets Community,
I hope this post finds you all well. I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a signi...
HelloI am having a hard time wrapping my head around the HELOC.Can I consider HELOC as an adjunct to my primary mortgage?Say the remaining loan amount is 500k and say I have about 50k built up in equity.Would it make ...
I'm considering a strategy of applying for and (hopefully) opening multiple personal credit lines totaling at least $100k, and using them to fund 100% of my rental purchases & rehabs. This would be as an alternati...
Came across 2 different person with offer of a Private Money Lending which provides LLC proof etc. But im still skeptical if its really legit. Seems too good to be true. LOAN TERMS AND CONDITIONS(1) Borrower must have...
My wife and I closed on a duplex for investment today. It was purchased off market but we had help from her Aunt who is a real estate agent. While she volunteered to help, we would like to repay the service in some wa...
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income. However, I'm burdened with credit card debt, a HELOC, and a personal loan. Despite hold...
The insurance company make it easier with repayment insurance policy. How do you think this work?
Hello everyone,Happy Friday to you all!I was wondering if there are any major differences in lending companies that work with home equity lines of credit (heloc)?Also if anyone has one they could recommend it would be...
What is the repayment time? The same as a mortgage?
Can you write off the payments?
Does the interest rate fluctuate or can you lock one in?
Straightforward question -- what credit card do you use to fund your material costs in a renovation? Why did you pick that card?
Before I explain my situation, let me add some context. I have solid money management s...